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2021-09-22-accounts

CANBURY PARK CHURCH TRUST ANNUAL REPORT

FOR THE YEAR ENDED 21 SEPTEMBER 2021 REGISTERED CHARITY NO. 1146287

CANBURY PARK CHURCH TRUST

REGISTERED CHARITY NUMBER 1146287

CONTENTS

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||||| |---|---|---|---| |Page| |Legal and|administrative information|2| |Report to the trustees|3-4| |Annual|report|5| |Receipts|and|Payments Account|6| |Statement of Assets|and|Liabilities|7| |Notes forming part|of the|financial statements|8.12|

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CANBURY PARK CHURCH TRUST

REGISTERED CHARITY NUMBER 1146287

TRUST INFORMATION

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Trustees
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Mr P Cooper (Chairman)
Mr P Woodcock
Mr D Glen
Mr P Simpson
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Principal Office

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77 Thetford Road
New Malden
Surrey
KT3 SOP
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Bankers
Co-Operative Bank
17 High Street
Kingston-Upon Thames
KT1 1LP
Accountants
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Oliver Clive & Co Limited
Chartered Accountants
14 David Mews
London
W1U 6£Q
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2

CANBURY PARK CHURCH TRUST REPORT TO THE TRUSTEES FOR THE YEAR ENDED 21 SEPTEMBER 2021

The trustees present their report and financial statements for the period ended 22 September 2021.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the Statement of Recommended Practice, “Accounting and Reporting by Charities” (FRS 102).

Structure, governance and management

The trust is governed by a deed of trust dated 7 November 1995 and is a registered charity (charity number 1146287).

The trustees who served during the year were:

Mr P Cooper Mr D Glen Mr P Woodcock Mr P Simpson

Apart from the first trustees, every trustee must be appointed by a resolution of the trustees at a special meeting called under clause 15 of the trust deed.

Objectives and activities for the public benefit

The objectives of the trust are to advance the Christian Faith through services provided to people in the Royal Borough of Kingston Upon Thames; to relieve persons in need of hardship, or who are aged or sick; and to promote and fulfil such other charitable purposes beneficial to the community.

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Trust's airs and objectives and in planning future activities and setting the grant making policy in the year.

Review of activities for the period

The trust has raised funds through gifts, donations and rental income for the purposes of fulfilling its objectives. During the period these objectives were met through donations, services and activities provided.

The trustees may invest the unrestricted funds in any type of investment as seen fit.

Reserves Policy

It is the policy of the Trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months expenditure. The trustees consider that funds at this level will ensure that in the event of a significant drop in funding they will be able to continue the Trust's current activities while consideration is given to ways in which additional funds may be raised.

Risk management

The trustees have examined the major, strategic, business and operational risks that the charity faces and confirm that the systems have been established to ensure that these risks are minimised.

3

independent examiner

The trustees have reappointed Oliver Clive & Co Limited as independent examiner to undertake the independent examination of the trust.

Trustees’ responsibilities in relation to the financial statements

The trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards {FRS 102).

The law applicable to charities in England and Wales requires the trustees to prepare tinancial statements tor each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period.

In preparing these financial statements the trustees are required to:

. select suitable accounting policies and then apply them consistently; , observe the methods and principles in the Charities SORP; . make judgements and estimates that are reasonable and prudent, : state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and : prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

Trustees

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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rr bythe trustees on 27° Farce and signed on their behalf by
Mr PCp
Chairman
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4

CANBURY PARK CHURCH TRUST

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 21 SEPTEMBER 2021

| report on the financial statements of the Trust for the period ended 21 September 2021, which are set out on pages 6 to 12.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the financial statements. The charity's trustees consider that an audit is not required for this year under section 144(1)(a) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

itis my responsibility: . to examine the accounts (under section 145 of the 2011 Act); - to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)b of the 2011 Act); and - to state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

independent examiner's statement

In connection with my examination, no matter has come to my attention:

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(a) which gives me reasonable cause to believe that in any material respect the requirements:
(i) to keep accounting records in accordance with section 130 of the 2011 Act; and
(ii) to prepare financial statements which accord with the accounting records and comply with the
accounting requirements of the 2011 Act
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have not been met; or
(b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the
financial statements to be reached.
Emma Benjamin CA
Independent Examiner 14 David Mews
Oliver Clive & Co Limited London
Chartered Accountants W1U 6£Q
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CANBURY PARK CHURCH TRUST REGISTERED CHARITY NUMBER 1146287 RECEIPTS AND PAYMENTS ACCOUNT YEAR ENDED 21 SEPTEMBER 2021

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||||||| |---|---|---|---|---|---| |Year|Year| |Ended|Ended| |Unrestricted|21-Sep-21|21-Sep-20| |Funds|_|Restricted Funds|Total|Total| |Notes|£|£|€|£.| |Incoming Resources| |Donations|7|211,062|211,062|37,829| |Other receipts|7|23,991|23,991|32,134| |Total Incoming Resources|235,053|.|235,053|69,962| |Resources Expended| |Expenditure on raising funds|8|31,647|-|31,647|35,979| |Expenditure on charitable activities|9|62,144|62,144|53,334| |Total Resources Expended|93,791|93,791|89,312| |Net expenditure for the year and| |Net movement in funds|141,262|141,262|(19,350)| |Fund balance at 21 September 2020|592,367|416,950|1,009,317|1,028,667| |Fund balance at 21 September 2021|12|733,629|416,950|1,150,579|1,009,317|

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The statement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared. All of the incoming resources and resources expended derive from continuing activities.

The notes on pages 8 - 12 form part of these financial statements.

6

CANBURY PARK CHURCH TRUST REGISTERED CHARITY NUMBER 1146287 STATEMENT OF ASSETS AND LIABILITIES AS AT 21 SEPTEMBER 2021

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|||||| |---|---|---|---|---| |21-Sep-21|21-Sep-20| |Notes|£|£|£|£| |FIXED ASSETS| |Freehold|Properties|2|1,761,935|1,780,410| |Fixtures &|Fittings|2|:|-| |Property development|2|-|-| |1,761,935|1,780,410| |Current|Assets| |Debtors|5|16,092|11,906| |Cash|at bank and|in hand|77,033|879| |93,125|11,027| |Creditors: Amounts|falling due within| |one year|6|(84,801)|(95,801)| |Net current assets|8,324|-|84,774| |Creditors: Amounts|falling due after| |one year|6|(619,680)|(686,318)| |Total Net Assets|1,150,579|1,009,3 18| |Represented|by| |Unrestricted funds|11|733,629|592,367| |Restricted funds|10|416,950|416,950| |Total Funds|1,150,579|1,009,3 17|

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financial statements set out on pages 6 to 12 were approved by the Trustees on - S/ -[2 7: were signed on4 behalf by: Mr P Cooper Chairman

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CANBURY PARK CHURCH TRUST NOTES FORMING PART OF THE FINANCIAL STATEMENTS

1.1 Basis of accounting The financial statementshave been prepared under the historicalcost convention The financial statements have been prepared in accordance with applicable accounting standards, the Statement of Recommended Practice: Accountingand Reporting by Charities (SORP FRS102), the Charity (Accounts and Reports} Regulations2008 and the Charities Act 2011. 1.2 Incoming Resources All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantifiedwith reasonable accuracy. The following specific policies are apphed to particular categoriesof income: Voluntaryincome 1s received by way of donationsand gifts and 1s includedin ful in the statementof financial activities when received.

The value of services provided by volunteers has not been included

Direct expenditure comprise the cost of donations made, other expenditure includes costs incurred by the charity in delivery of its activities and services for its beneficiaries. Governance costs are those incurred in connection with the administration of the charity and compliance with the constitutional and statutory requirements

Restricted funds are funds which are subject to specific conditions by donors as to how they may be used

Tangible fixed assets are stated at cost of valuation less depreciation. Depreciation ts provided at rates calculated to write off the cost less estemated residual value of each asset over its expected useful life, as follows:

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Furniture and Equipment
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25% straight line

Freehold properties 1% straightline

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CANBURY PARK CHURCH TRUST NOTES FORMING PART OF THE FINANCIAL STATEMENTS

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|||||||| |---|---|---|---|---|---|---| |2|=“Fixed assets|Property|Freehold|Furniture +| |development|properties|Equipment|Total| |€|£|3|£| |CostCost as at 21 September 2020|14,361|1,847,524|18,667|1,880,552| |Additions|0|0|0| |Disposals|0|0|0|i]| |Cost C/fwd at 21 September 2021|14,361|1,847,524|18,667|1,880,552| |DepreciationAccumulated depreciation at 21 September 2020|14,361|67,114|18,667|100,142| |Depreciation Charge|0|18,475|it)|18,475| |Impairment|0|it)| |a| |Le|0| |Accumulated depreciation at 21 September 2021|a|24,351|85,589|RET|——|118,617.| |———————|eemiicaialapiatials| |Net book value at 21 September 2021|0|1,761,935|0|1,761,935| |eT|——| |Net book value at 21 September 2020|iy|1,780,410|[')|1,780,410|

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Freehold properties are held at historical cost
3. = Trustees
None of the trustees (or any persons connected with them) received any remuneration during the year
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4 = Net Expenditure
Net Expenditure are stated after charging: Year Year
Ended Ended
21/09/2021 21/09/2020
£ é£
Independent examiners fee 0 9
S Debtors Year Year
Ended Fnded
21/03/2021 921/09/2020
£ £
Gift Aid provision 10,392 5,756
Loan to Balcombe 5,700 6,150
Accrued income Ly) ft)
Prepayments o 0
16,092 11,906
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The loans are interest free and repayable over 10 years.
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CANBURY PARK CHURCH TRUST NOTES FORMING PART OF THE FINANCIAL STATEMENTS

6.00 Creditors Year Year
Ended
21/09/2021		 Ended
21/09/2020
£ £
Creditors
duewithin 1 year
Accruals
Bankloans currentportion
RentContro!AccountP&HGraham
Loansfrommembers		 °
49,801
0
____ 35,000
a!		 a t?)
49,801
1,000
S000
Creditors
due after 1 year
Bankloans
Loansfrommembers		 $99,126
20,554		 630,764
55,554
619,680 686,318
7 Incomingresources Year Year
£ £ Ended
21/09/2021
€		 £ Ended
21/09/2020
£
Restrcted
funds		 Unrestricted
funds		 Total
funds		 Restricted
funds		 Unrestricted
funds
Gifts&Offerings(IncludingGiftAid) . 211,062 211,062 . 37,829
Other receipts
RentalIncome
Interest Received
EventIncome
MortgageContributions		 .
.
-		 (‘) 14,626
0
5,865
3,500
235,053		 14,626
0
5,865
3,500
235,053		 0 .
-
.		 14,386
41
7,407
9,700
69,962

8 Resources expended - Expenditure on raising funds

The amount paid in the year comprised of the following

£ 3 Year
Ended
21/09/2021
€		 £ Year
Ended
21/09/2020
£
Restricted
funds		 Unrestricted
funds		 Total
funds		 Restricted
funds		 Unrestricted
funds
Events&Activities
PPS/Advertising
Other Conations
Financecosts
Repairs&Maintenance
TelephoneandWebsite
Bankcharges
Baddebt		 -
.
-
:
:
0.00		 5,179
1,166
0
19,797
5,495
0
ll
0
31,647		 5,179
1,166
0
19,797
5,495
0
il
oO
31,647		 .
-
0.00		 7,645
648
1,891
25,277
4s9
Lt)
s9
0
35,979

10

CANBURY PARK CHURCH TRUST NOTES FORMING PART OF THE FINANCIAL STATEMENTS

9 Resources expended - Expenditure on charitable activities

Resources expended - Expenditure on charitable activitiesexpended - Expenditure on charitable activities- Expenditure on charitable activitiesExpenditure on charitable activitieson charitable activitiescharitable activitiesactivities Year
Ended		 Year
Ended
21/09/2021 21/09/2020
£ £ £ £
Restricted Unrestricted Total Unrestricted
funds funds funds funds
Generalchurchsupplies - 6,781 6,781 6,816
Cleaning
Depreciation		 :
.		 2,080
18,475		 2,080
18,475		 2,044
18,475
Equipment - 8,693 8,693 5,437
Insurance
Light,Heat,Water&Rentand Rates		 -
:		 3,068
17,131		 3,065
17,131		 3,121
8,383
Professionalandmanagementfees - 950 950 Lt)
Subscriptions - 3,340 3,340 3,547
Training - 635 635 1,353
Travel
Computerrunningcosts		 -
-		 993 : 993 2,019
2,140
- 62,144 62,144 $3,334

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10 Statement of restricted funds
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Year
incoming Resources Ended
22/09/2020 Resources Expended 21/09/2021
€ £ £ €
Movement in the year 416,980 0 it) 416,950
Year
Incoming Resources Ended
22/09/2020 Resources Expended 21/09/2021
£ £ £ €
Movement in prior year 416,950 0 0 416,950
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in 2017, the Trust received restricted donations for the purchaseof property on SO Ryden Rd. This amount remainsin restricted funds.

1

CANBURY PARK CHURCH TRUST NOTES FORMING PART OF THE FINANCIAL STATEMENTS

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||||||| |---|---|---|---|---|---| |11|Statement of unrestricted funds| |Incoming|Resources| |22/09/2020|Resources|Expended|21/09/2021| |£|£|£|£| |Movement in the year|592,367|235,053|-|93,791|733,629| |a| |$92,367|235,053|93,791|733,625| |incoming|Resources| |22/09/2019|Resources|Expended|21/09/2020| |£|£|£|£| |Movement in the prior year|611,717|69,962|89,312|$92,367| |i611,717|69,962|89,312|$92,367| |12|Analysis of net assets between funds| |Un-restricted|Restricted| |Funds|Funds|Total| |Fund balances at 21 September 2021 are represented by:|£|£|£| |Current assets|733,623|416,950|1,150,579| |a733,629|416,950|1,150,573| |Un-restricted|Restricted| |Funds|Funds|Total| |Fund balances at 21 September 2020 are represented by:|£|£|£| |Current assets|$92,367|416,950|1,009,317|

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13 Related Party Transactions

Ouring the year the Trustees had total reimbursed expenses of £3,873.77 (2020: £3,911 75). Dean Oryden, who is a key management personel had expenses reimbursed in the year of EN (2020: EN1').

to the Trust, had expenses reimbursed[of][ £2,562.98] Cathryn Cooper, spouse of Trustee Philip Cooper, isa related party (2020: £977.41) in the year. Tom Sweatman, who is a key management personnel had expenses reimbursd of E89 89 (2020: £292) in the year

The majority of above expenses relate to Events and General Suppies

Included in income is £30,060 (2020: £20,515) of donations receved from the Trustees and ENil (2020: ENil) of donations received from Dean Dryden during the year.

12